Dakota Funds

Fairfax County Educational Employees’ Commits $4.4M to Foundation Capital

Fairfax County Educational Employees’ Supplementary Retirement System has disclosed a commitment of $4.4 million between two Foundation Capital private equity funds.

$2.9 million was committed to the venture capital fund Foundation Capital XI. $1.5 million was also committed to the Foundation Capital Leadership Fund IV.

Meketa assisted with due diligence.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!